psdot 16 a new framework for credit card transactions involving mutual authentication(with code)
DESCRIPTION
FINAL YEAR IEEE PROJECTS, EMBEDDED SYSTEMS PROJECTS, ENGINEERING PROJECTS, MCA PROJECTS, ROBOTICS PROJECTS, ARM PIC BASED PROJECTS, MICRO CONTROLLER PROJECTS Z Technologies, ChennaiTRANSCRIPT
A NEW FRAMEWORK FOR CREDIT CARD TRANSACTIONS
INVOLVING MUTUAL AUTHENTICATION BETWEEN
CARDHOLDER AND MERCHANT
OBJECTIVE:
The main role of this system is to avoid the credit card frauds, and
provide the more security for online transaction.
PROBLEM DIFINITION:
The main problem statement of our existing system is security. The
security level is relatively very low. Another problem found in our existing
system is fraud detection. That is detection and avidness’ of hackers is
comprehensible.
ABSTRACT:
Credit cards are widely used in onsite payment and online payment
system. In the onsite payment system, the user physically present in the
merchant shop and pay the bill for shopping things using credit card. In the
online payment system, the users communicate to merchant through the online
for e-shopping.
In those transaction, there are three types of credit card frauds are
available, such as Card Related Frauds, Merchants Related frauds and Internet
Based Frauds.Card related frauds include frauds such as use ofstolen cards,
counterfeit cards, shoulder surfing, account takeover etc. Merchant related
frauds include merchant collusion where a person at merchant’s side steals
credit card information of their customers. But the most severe of all the frauds
Z Technologieswww.ztech.in [email protected] call : 91760 91765
are Internet related frauds which are made during online transactions such as
site-cloning, creating false merchant sites, snooping, man-in-the-middle attack,
and denial-of-service.In this system using five types of security features for
avoiding those frauds, there are Authentication, Confidentiality, Data Integrity,
Biometric and Non-Reputation.
EXISTING SYSTEM:
In Existing system, contain only two types of authentication services.
Such as, address verification and Card Verification. It is not enough to detect
the credit card frauds.
DISADVANTAGES:
Less Security
System security is not enough to fraud detection
Address verification and card verification had insecure
PROPOSED SYSTEM:
In proposed system contain the following five security features for detect
the credit card frauds. Such as,
Authentication
Confidentiality
Data Integrity
Non-reputation
Bio-Metric
Z Technologieswww.ztech.in [email protected] call : 91760 91765
In Authentication, customer and merchant should be authenticated against
each other before the transaction takes place. In Confidentiality, sensitive data
such as credit card number and customer’s Personal Identification Number
should be inaccessible to any unauthorized user. In Data Integrity, data
transferred during the transaction should be tamper-proof. In Non-repudiation,
Denial-of-Service from any entity during the transaction should not take place.
Taking into account all security considerations, we propose a new framework
for credit card transactions based on mutual authentication and trust building
between a customer and a merchant for online transactions by integrating one-
time-password and digital signature technique using public key infrastructure
system. In Biometric, we use fingerprint verification for more secure credit card
transaction.
ADVANTAGES:
To avoid the credit card frauds.
To transfer the credit card details in secure path way.
High security performance.
Got a onetime password from gateway services for secure
communication to merchant.
Using Biometric Identity Card for Biometric authentication.
ALGORITHM USED:
1. PCA (Principle Component Analysis)
2. Triple DES (Data Encryption Standard)
Z Technologieswww.ztech.in [email protected] call : 91760 91765
ARCHITECTURE DIAGRAM:
SYSTEM REQUIREMENTS:
Hardware Requirements:
Intel Pentium IV
256/512 MB RAM
1 GB Free disk space or greater
1 GB on Boot Drive
17” XVGA display monitor
Z Technologieswww.ztech.in [email protected] call : 91760 91765
USER MERCHANTS
Gateway Service
Verification System
Bank VerificationTo User for
Transaction
Software Requirements:
MS Windows XP/2000
MS IE Browser 6.0/later
MS .Net Framework 4.0
MS Visual Studio.Net 2005
Internet Information Server (IIS)
MS SQL Server 2005
Windows Installer 3.1
APPLICATIONS:
1. Bank
2. Online Purchasing
3. Onsite Payment
Z Technologieswww.ztech.in [email protected] call : 91760 91765